Hey Oscar why would anyone rush into this stock at this stage. Meaningful large investment is not prudent yet.
There is no production, there is no resource there is a little bit of money and leases and plans to do things.
The outcome of the planned activities will decide how much interest this stock will attract. The current selling off is a bit of a damp rag, and is mostly being matched by buyers.
A positive change in value of the CEL assetts will bring the investors and the buyer interest. Nothing the Management says can change anything , results are all that matters. TC is not an exploration punt, it is a project to establish gas (maybe condensate) production. Becomes very simple the higher the production established the higher the value of CEL.
We could have the first look at the real value of TC next week, certainly in October I hope.
Saltbus
PS. Gas $3.54
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Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.17M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.5¢ | $14.15K | 315.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 136018 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 377137 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 136018 | 0.044 |
4 | 306408 | 0.043 |
2 | 560000 | 0.042 |
1 | 300000 | 0.041 |
4 | 4865853 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 377137 | 3 |
0.046 | 267222 | 2 |
0.047 | 200000 | 1 |
0.048 | 304450 | 4 |
0.049 | 210000 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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CEL (ASX) Chart |